XML 34 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jul. 25, 2015
Jul. 26, 2014
Cash flows from operating activities    
Net income $ 14,123 $ 13,045
Adjustments to reconcile net income to cash provided by (used for) operating activities    
Deferred income tax expense (benefit) 148 (1,342)
Provision for doubtful accounts (340) (618)
Depreciation and amortization 6,271 5,379
Equity-based compensation expense 3,012 3,010
Change in receivables 24,610 12,441
Change in inventories (22,159) (15,874)
Change in other assets (6,933) 2,985
Change in payables 2,021 (255)
Change in other liabilities (19,223) (19,993)
Net cash provided by (used for) operating activities 1,530 (1,222)
Cash flows from investing activities    
Proceeds from disposal of assets 279 1,348
Capital expenditures (6,506) (19,406)
Purchases of investments (5,422) (15,941)
Proceeds from sales of investments 12,983 10,422
Change in restricted cash   7,289
Net cash provided by (used for) investing activities 1,334 (16,288)
Cash flows from financing activities    
Payments on debt (122) (7,212)
Stock issued for stock and employee benefit plans 145 131
Excess tax benefit on stock option exercises 363 249
Purchases of common stock (9,171) (6,062)
Dividends paid (4,055) (3,119)
Net cash used for financing activities (12,840) (16,013)
Effect of exchange rate changes on cash and equivalents (807) 171
Change in cash and equivalents (10,783) (33,352)
Cash and equivalents at beginning of period 98,302 149,661
Cash and equivalents at end of period 87,519 116,309
Supplemental disclosure of non-cash investing activities    
Capital expenditures included in payables $ 500 $ 8,024